Vitol Slated to Supply New Colombia LNG Project

Vitol Group is expected to supply a new liquefied natural gas import terminal in Colombia for five years starting in 2027, the project’s developer said.

The project is part of push to rapidly build LNG import terminals in Colombia, which is facing a natural gas deficit due to lower domestic production and rising demand. The country currently has one LNG import terminal in operation, with a slate of new projects proposed by state oil company Ecopetrol SA and others.